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SoftBank Group Corp (SFTBF.PK)

SFTBF.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

SoftBank Group updates on public offering of Hybrid Bonds (with a Subordination Provision) issue
Thursday, 8 Sep 2016 10:48pm EDT 

SoftBank Group Corp <9984.T> : Says it sets coupon rate for the first series 25-yr unsecured subordinated bonds with interest deferrable clause and early redeemable option (with a subordination provision)(unsecured subordinated bond for short) as 3.0 percent . Sets coupon rate for the second series 27-yr unsecured subordinated bond as 3.5 percent .Sets coupon rate for the second series 25-yr unsecured subordinated bond as 3.0 percent.  Full Article

ARM appoints new chairman, directors as SoftBank deal effective
Monday, 5 Sep 2016 09:29am EDT 

ARM Holdings Plc : Appointment of directors to ARM Holdings Plc .Appointment of Masayoshi Son (chairman and executive director); Ronald Fisher (executive director); and Alok Sama (executive director).  Full Article

SoftBank Group says completion of acquisition of ARM for 24 bln pounds
Monday, 5 Sep 2016 05:14am EDT 

SoftBank Group Corp <9984.T>: Says the Scheme of Arrangement in respect of the recommended acquisition of ARM Holdings plc (“ARM”) by SoftBank Group ("SBG") came into effect on Sep. 5 . Says and that the entire issued and to be issued share capital of ARM is now owned by SBG and its wholly-owned subsidiaries .Says pursuant to the terms of the Acquisition, SBG purchased all of ARM’s issued and to be issued shares (excluding any ARM shares already owned by SBG or an SBG subsidiary) for cash, for a total acquisition price amounting to approximately GBP 24.0 billion (approximately USD 31.0 billion or JPY 3.3 trillion).  Full Article

ARM says SoftBank to pay dividend to ARM shareholders
Friday, 2 Sep 2016 11:14am EDT 

ARM Holdings Plc :Says following 8 september softbank will procure payment of dividend to eligible arm shareholders within seven days of effective date.  Full Article

Softbank updates on ARM ownership ahead of deal closure
Friday, 2 Sep 2016 07:03am EDT 

Softbank : Update on Softbank's position in ARM Holdings Plc . Confirms that unit Softbank Group Capital Europe received from its nominee all 20.3 mln ARM shares held on its behalf .Softbank's interests in ARM shares remains unchanged, being interests in 20.3 ARM shares, representing a 1.447 pct interest in ARM's issued share capital.  Full Article

SoftBank Group to complete acquisition of ARM Holdings PLC by Sep. 5
Thursday, 1 Sep 2016 09:20pm EDT 

SoftBank Group Corp <9984.T>: Says the co expects all the procedures required for the acquisition of ARM Holdings PLC(ARM) by the co will be completed by Sep. 5 .Says the cancellation of listing of ARM shares to be Sep. 6(GMT) and the cancellation of listing of ARM American Depositary Shares to be Sep. 12(GMT).  Full Article

ARM shareholders vote in favour of SoftBank deal
Tuesday, 30 Aug 2016 10:20am EDT 

ARM Holdings Plc : Results of court meeting and general meeting . 94.92 percent of votes at general meeting in favour of deal with SoftBank <9984.T> . Says suspension of dealings in ARM shares is expected to take place at 6.00 p.m. on Sept. 2, 2016 .Says cancellation of listing of ARM shares is subsequently expected to occur at 8.00 a.m. On Sept. 6, 2016.  Full Article

Yahoo Japan to raise stake in eBook Initiative Japan to 44.6 pct from 0 pct
Monday, 29 Aug 2016 11:41pm EDT 

Yahoo Japan Corp <4689.T>: Says the co, the unit of SoftBank Group Corp <9984.T>, will buy 2.3 million shares of eBook Initiative Japan Co Ltd <3658.T> for 2.67 billion yen via takeover bid . Says the co will also buy 127,800 new shares of eBook Initiative Japan for 108.6 million yen via private placement . Says payment date on Sep. 5 .Says the co will increase stake in eBook Initiative Japan to 44.6 percent from 0 percent after the investment.  Full Article

SoftBank says to pay arrangment fee to Mizuho Bank
Wednesday, 24 Aug 2016 04:37am EDT 

SoftBank Group Corp <9984.T>:Entered into a fee payment letter pursuant to which it undertook to pay an arrangement fee to Mizuho Bank, ltd in connection with facility agreement..  Full Article

SoftBank Group plans public offering of Hybrid Bonds (with a Subordination Provision)
Wednesday, 24 Aug 2016 01:08am EDT 

SoftBank Group Corp <9984.T> : Says it plans to issue 25-year first tranche and 27-year second tranche unsecured subordinated bonds with interest deferrable clause and early redeemable option (with a subordination provision)(unsecured subordinated bond for short), with subscription date Sep.9 and payment date Sep. 16 . Says total amount and initial coupon rate for 1st and 2nd tranche unsecured subordinated bonds remain to be decided .Says co plans to issue 25-year third tranche unsecured subordinated bond worth 350 billion yen, with initial coupon rate to be decided (tentatively 2.9-3.1 percent per annum), subscription period from Sep.12 to Sep.29 and payment date on Sep. 30.  Full Article

European tech firms tiptoe back to IPO market

FRANKFURT A handful of European tech firms are testing the appetite for initial public offerings, taking their lead from a modest rebound in listings in the United States following a two-year slump.